Path Solutions appoints Mohammed Kateeb as Chairman

In his leadership role at Path Solutions, Mr. Kateeb -who has been serving on the Board of Path Solutions since 2004- will spearhead the development of Path Solutions' large portfolio of products. He will also focus his efforts on leading Path's strategy in continuing to expand into new markets, thus bringing additional value to the entire firm.

Mr. Kateeb selection for this important and critical role is based on his breadth of experience in building businesses, teams and identifying and capitalizing on market opportunities for over 22 years in the USA, UK and the Middle East. He specifically brings with him a wide experience in IT and he is known for being results-driven, dynamic and highly entrepreneurial.

"We felt the firm was ready for a new leader who would take Path to its next phase of growth," says Mr. Ahmad El Sager, Path Solutions Ex-Chairman. "We think the company will benefit from someone with his extensive experience in IT and in managing multinational corporations. After 16 years of growing with the company, it is bittersweet to hand it off, but I will continue to be the Director of the Board and continue to provide full support to our employees and customers."

Mr. Kateeb comments: "It is an exciting opportunity to be able to lead Path Solutions and I am honored to carry on the tradition that Ahmad has built over the past 16 years". And he notes, "I look forward to working closely with our customers in the years ahead. It is key for Path Solutions to leverage its reputation in the delivery of quality Islamic banking solutions that provide strategic benefits and a competitive advantage to our customers."

Mr. Kateeb most recently served as the Managing Director of Microsoft Middle East. He has spent 11 years in Microsoft of which 6 in the USA. Mr. Kateeb was the Founder and CEO of InnoKAT "Innovation Knowledge and Advanced Technology" System Integrator. He is currently the CEO of Kuwait Cable Vision as well as being the Vice Chairman of Jareed Telecommunication and Technologies.